. $15,000 down the drain that could have been used towards the down payment on another property.

Very few options.. but there should be someone out there that would do this for you given your down payment.

Jacksonville's real estate market is characterized by a stable yet dynamic environment, a good number of reasonably priced home options, and a strong economy supported by notable job and population growth.First, as far as market characteristics go, Jacksonville offers a balanced market, meaning that neither sellers nor buyers have a clear edge.

Sara,When you buy an investment property the Bank/Lender lends you the money for the purchase minus the down payment.

During that refinance you can transition it into an investment and Vested in an LLC either through closing or a Quit Claim Deed after you close at the County.It's kind of a Bank/Lender Loophole because you take advantage of the 10% down Second Home/Vacation home down payment.

(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.

It seems like a good deal to me and there are ways to fund a $10k project and defer payment.

setting this as a goal will give you lots of specific action items to do:-save up for down payment, closing costs, and reserves-talk to agents-talk to lenders-look at propertieshttps://www.biggerpockets.com/real-estate-investing/house-ha...

We have many beach condominium options in Orange Beach/Gulf Shores that qualify as a second home investment with programs with as low as 10% down, so you don't always have to come up with the larger down payment, but some buyers choose to go with a higher down payment to get a better rate. 

Remote can be...Marketing, Lease Signing, Lockouts (install coded smart doors), background checks & screening, Virtual Tours, Payments (online or ACH debits)Live In Person (local team)...Showing units, Posting Notices, Evictions, Dealing with Complaints (some need live interaction), Maintenance Calls, Property Condition Tours, Meeting Utility Companies, Meeting Contractors, verifying Contractors work, Live personal touch with residents (can improve tenant relations depending on property), Cleaning, Turns, Police CallsThrough the years, I've learned that there are places to save money and places to invest.